Manufacturing, value added in Marshall Islands
Marshall Islands: Manufacturing, value added was 3.33 million constant 2015 US$ in 2024. ◆ Volatile
Manufacturing, value added in Marshall Islands, 1997–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2024, manufacturing, value added in Marshall Islands stood at 3.33 million constant 2015 US$.
The figure is down 4.3% on the previous year and down 59.2% over ten years.
Over the whole period, manufacturing, value added in Marshall Islands peaked at 10.19 million constant 2015 US$ in 2010 and was at its lowest, 326,206 constant 2015 US$, in 1998.
Marshall Islands ranks 183rd of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 936,048 constant 2015 US$ | 326,206 constant 2015 US$ | 1.96 million constant 2015 US$ | 3 |
| 2000s | 4.02 million constant 2015 US$ | 1.14 million constant 2015 US$ | 7.27 million constant 2015 US$ | 10 |
| 2010s | 6.15 million constant 2015 US$ | 2.81 million constant 2015 US$ | 10.19 million constant 2015 US$ | 10 |
| 2020s | 3.31 million constant 2015 US$ | 3.00 million constant 2015 US$ | 3.57 million constant 2015 US$ | 5 |
Countries ranked near Marshall Islands
- 180 Kiribati 12.39 million constant 2015 US$ compare
- 181 Turks and Caicos Islands 9.04 million constant 2015 US$ compare
- 182 Sao Tome and Principe 3.80 million constant 2015 US$ compare
- 184 Palau 2.94 million constant 2015 US$ compare
- 185 Micronesia (country) 1.97 million constant 2015 US$ compare
More economy & growth data for Marshall Islands
- Exports of goods and services 90.49 million constant 2015 US$ (2024)
- Gross national expenditure 413.62 million current US$ (2024)
- Gross national expenditure 413.62 million current LCU (2024)
- Gross national expenditure 326.93 million constant 2015 US$ (2024)
- Industry (including construction), value added 28.56 million constant LCU (2024)
- Gross national expenditure 145.1% (2024)
- Exports of goods and services 111.00 million current US$ (2025)
- Exports of goods and services 111.00 million current LCU (2025)
- Gross fixed capital formation 65.14 million current LCU (2024)
- Gross fixed capital formation 65.14 million current US$ (2024)
Frequently asked questions
- What is manufacturing, value added in Marshall Islands?
- Manufacturing, value added in Marshall Islands was 3.33 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Marshall Islands?
- The highest recorded value was 10.19 million constant 2015 US$ in 2010.
- What is the lowest manufacturing, value added recorded in Marshall Islands?
- The lowest recorded value was 326,206 constant 2015 US$ in 1998.
- How does Marshall Islands rank for manufacturing, value added?
- Marshall Islands ranks 183rd out of 185 countries with data for 2024.
- Is manufacturing, value added rising or falling in Marshall Islands?
- Over the last ten years it is down 59.2%. The long-run trend across the full record is volatile.
- Where does this Marshall Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.